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Caterpillar Inc.

NYSE•CAT
CEO: Mr. D. James Umpleby III
Sector: Industrials
Industry: Agricultural - Machinery
Listing Date: 1929-12-02
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, tractors, mining trucks, wheel loaders, off-highway and articulated trucks, wheel tractor scrapers and dozers, fleet management products, landfill and soil compactors, machinery components, autonomous ready vehicles and solutions, work tools, and safety services and mining performance solutions, as well as related parts and services. Its Energy & Transportation segment offers reciprocating engine powered generator sets; reciprocating engines, drivetrain, and integrated systems and solutions; turbines, centrifugal gas compressors, and related services; and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, revolving charge accounts, repair/rebuild financing services, working capital loans, and wholesale financing; and insurance and risk management products and services. Its All Other Operating segment offers filters and fluids, undercarriage, ground engaging tools, fluid transfer products, precision seals, and rubber sealing and connecting components; parts distribution; logistics solutions and distribution services; brand management and marketing strategy services; and digital investments services. Caterpillar Inc. was founded in 1925 and is headquartered in Irving, Texas.
Contact Information
5205 North O'Connor Boulevard, Suite 100, Irving, TX, 75039, United States
972-891-7700
www.caterpillar.com
Market Cap
$328.38B
P/E (TTM)
36.9
33.5
Dividend Yield
0.8%
52W High
$789.81
52W Low
$267.30
52W Range
83%
Rank34Top 27.8%
4.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$19.13B+18.00%
4-Quarter Trend

EPS

$5.15-10.59%
4-Quarter Trend

FCF

$3.15B+33.57%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Sales Growth Despite Pricing Total sales $67.59B USD, up 4% driven by $3.39B volume; Power & Energy sales increased 12%.
Strong Order Backlog Order backlog $51.2B USD, up $21.2B from 2024, largest increase noted in Power & Energy segment.
Cash Flow Strength Enterprise operating cash flow $11.7B USD; consolidated cash balance increased $3.09B from prior year.
Improved Safety Performance Recordable injury frequency rate improved to 0.41 in 2025, down from 0.43 in 2024.

Risk Factors

Profit Margin Compression Operating profit margin fell to 16.5% in 2025 from 20.2% in 2024, impacted by unfavorable manufacturing costs.
Global Economic Sensitivity Results highly sensitive to global economic conditions, commodity price volatility, and infrastructure spending decreases.
Cybersecurity Threat Exposure Increased frequency and sophistication of cyberattacks pose risk to systems, networks, and data integrity.
Debt Covenants Compliance Breach of debt covenants could trigger acceleration of outstanding amounts or termination of credit commitments.

Outlook

2026 Sales Growth Forecast Anticipate 2026 sales and revenues to grow near top end of 5% to 7% CAGR target versus 2025.
Tariff Impact Management Expect incremental tariff impact of $2.6B USD in 2026, requiring mitigation actions over time.
AI Driving Power Demand Power Generation growth expected in 2026 due to increasing energy demand supporting data center build-out and AI.
Capital Allocation Priorities Top priority is maintaining mid-A rating; funding operational commitments and returning capital via dividends/repurchases.

Peer Comparison

Revenue (TTM)

RTX stock ticker logoRTX
$88.60B
+9.7%
CAT stock ticker logoCAT
$67.59B
+4.3%
DE stock ticker logoDE
$46.01B
-2.0%

Gross Margin (Latest Quarter)

PH stock ticker logoPH
37.3%
+0.8pp
ETN stock ticker logoETN
36.8%
-2.1pp
HON stock ticker logoHON
35.6%
-0.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CAT$328.38B36.945.1%44.0%
GE$307.52B35.745.9%15.7%
RTX$261.50B38.910.6%23.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
10.3%
Steady Growth
4Q Net Income CAGR
6.2%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 23, 2026
|
EPS:$4.51
|
Revenue:$16.29B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data